HMRC introduced changes to the VAT road fuel scale on 1 May 2021. Businesses will need to use the new scale from the start of their next prescribed accounting period, beginning on or after 1 May 2021. The valuation rate tables: Set out the new scale charges (a VAT... read more
HMRC has warned tax credits customers to be vigilant as there are a number of scams going around at the moment. Scammers are targeting those who receive tax credits by sending emails or texts claiming to be from HMRC. They’re then asked to share personal information... read more
One of the many government schemes which were made available to businesses due to COVID-19 was the deferral of VAT payments. If you deferred any VAT payments which were due between 20 March 2020 and 30 June 2020 you can: Pay the deferred VAT in full now Join the VAT... read more
SEISS fourth grant Claims for the fourth grant have now closed. The last date for making a claim was 1 June 2021. SEISS fifth grant A fifth grant covering May 2021 to September 2021 will be open to claims from late July 2021. The grant is taxable and will be... read more
Hundreds of thousands of people in the UK are currently struggling with debt. With many losing their jobs or being put on reduced hours because of the pandemic, this is a problem which has become increasingly prevalent over the last 12 months. In order to help those... read more
With lockdown restrictions gradually easing and more businesses across the UK allowed to open their doors again, the economy is finally starting to open up. This is of course fantastic news, but it does mean that many of the government support schemes, loans and... read more
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